4421 OAKWOOD AVENUE, LOS ANGELES, CA 90004

  • 2 beds
  • 2.00 baths
  • 1,076 sqft
  • Lot Size: 4,120 sqft
  • Built in 1920
  • MLS #20584572
For Sale $950,000

Description

Back on market. Previously in-contract above list price. Development opportunity for seasoned developers, contractors & investors. The lot is zoned LAR3, sits in both an Enterprise Zone & Transit-Oriented Community with a designation of Medium Residential by the General Land Use Plan. In LA the primary multi-family zones are RD or restricted density ranging from R1 to R5 in order of increasing density for a total of 6 classifications. For these zones, density is controlled by requiring a minimum lot area per apartment. R3 requires 800 sq ft for each unit. Property setup & development details are available upon request. Priced for a quick sale. Currently, tenant occupied but will be delivered vacant if requested by the purchaser. Please drive by first and if an interior walkthrough is needed prior to writing an offer please give 5-7 days & complete a PEAD form.

FACTS / FEATURES

  • Residential, Single Family Residence
  • Built in 1920
  • Lot Size: 4,120 sqft
  • View: None
  • Cooling: None
  • Heating: None

for more information on this property, please fill out the form below

* required field
Listing Provided by Roberto Rodriguez, Compass
Based on information from California Regional Multiple Listing Service, Inc. as of September 19, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.